Arvest Bank Rolls Out Innovative Bilingual Financial Education Platform
Arvest Bank has launched EmpowerED, a groundbreaking bilingual mobile-first financial education resource aimed at enhancing financial literacy and confidence among consumers. This service, offered entirely for free through Arvest’s partnership with education technology leader EVERFI® from Blackbaud®, is accessible in both English and Spanish. EmpowerED is designed to equip users with critical financial knowledge across a spectrum of topics such as budgeting, investing, homeownership, and retirement planning.
EmpowerED: Bridging the Financial Literacy Gap
EmpowerED serves as an expansive resource, offering a variety of interactive learning modules that enable users to make educated financial decisions in real-time. It features a comprehensive library of content and workshop materials that Arvest associates utilize for community outreach and in-person classes. Spearheaded by the Arvest Opportunity Fund, this initiative reflects the bank’s commitment to fostering financial well-being in the communities it serves by providing accessible and practical financial education.
Impact and Accessibility of Financial Education
The launch of EmpowerED addresses a critical need for accessible financial guidance, as evidenced by a 2019 EVERFI study revealing that 78% of adults desire more readily available information when making financial decisions. With the mobile-first design, users can access learning modules from any internet-enabled device, offering convenience and flexibility to learn at their pace. By empowering consumers with the knowledge to make informed financial choices, Arvest Bank aims to be the go-to provider of financial services and education in its communities.